Re: Vantagescore or FICO? myFICO TU gives me 686 out of 850, but TU main site gives me 696 out of 99

mashumk wrote:

Also, the TU site says this when I first log in

"TransUnion Credit Monitoring is pleased to feature VantageScore, the only credit score used by all three national credit bureaus."

So I'm a newbie to all this and confused which source I should use for my scoring. MYFICO says my TU score is "Good" but TU gives me a "D" failing grade.

Both reports have same items.

Which is what and where is which what how huh?

The VantageScore is actually used by a few lenders but it's not a score I would rely on or choose. Also the score range for VS is 501-990 whereas FICO ranges from 300-850.

The bottom line is the VS is not a FICO score. The TU score you get here is a true FICO although it's an older version TU98. Many lenders have moved on to the newer TU 04 and some even to the newst TU08. But TU98 is still pulled millions of times a yer and so is still a valid score.

Re: Vantagescore or FICO? myFICO TU gives me 686 out of 850, but TU main site gives me 696 out of 99

mashumk wrote:

By the way, as recently as December 2011 I see posts here saying use transunioncs.com, not transunion.com

Does CS not exist anymore as of 2012? Everytime I type that address I'm routed to transunion.com and that's where I got my score.

I'm sorry there is that error floating around. Do you remember where you read that? If you do let me know and I will go back and edit the post and if you see that going forward I'd appreciate a heads up or you can contact any mod or administrator.

At one time you could get a TU score at transunioncs.com but it's been quite awhile since that was true.

Re: Vantagescore or FICO? myFICO TU gives me 686 out of 850, but TU main site gives me 696 out of 99

Yep, invented to compete, but nobody is running with it. And ditto to some of Chase's products, and I even heard of one mortgage lender (not mentioned here) that uses Vantage. The challenge with VantageScore for us consumers is that Vantage excludes AU accounts, whereas FICO does not. There are a lot of couples out there where the husband is the bread-winner and the spouse is exclusively AU. They would be hurt by this model. Or there are some who are new to credit, or even young, who relied on others for that history. VS excludes that.

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Many factors affect your FICO Scores and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating.
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IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.